Issue - meetings

DEMOLITION OF WATERMEADOW COURT - APPROVAL TO ALLOCATE ADDITIONAL FUNDS TO THE WATERMEADOW COURT DEMOLITION BUDGET

Meeting: 04/06/2018 - Cabinet (Item 6)

6 Approval To Allocate Additional Funds To The Watermeadow Court Demolition Budget pdf icon PDF 231 KB

Minutes:

1.    That approval be given to allocate an additional £563,000 to the approved budget for the site clearance, enabling work and demolition of Watermeadow Court Housing Estate to cover the increased costs of site clearance and security under the demolition and enabling works contract funded by unrestricted capital receipts from the Decent Neighbourhoods programme and to note this will ultimately increase the Housing Capital Financing Requirement.

 

2.    That approval be given to allocate an additional £95,000 to the already approved budget of £100,000 for increased Employer’s Agent consultancy fees, consultancy contingency and capitalised staff salaries and UK Power Networks utility disconnection costs funded by unrestricted capital receipts from the Decent Neighbourhoods programme and to note this will ultimately increase the Housing Capital Financing Requirement.